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r <br /> <br /> <br />REAL ESTATE MORTGAGE <br />KNOCK ALL HIEN BY THESE PRESENTS: That PACKER POTATO CO., A Nebraska <br />Corporation, with its *~rinci?al place of business in Hall County, <br />Nebraska, in consideration of the sum of ONE HUNDRED SIXTY THOUS~ID <br />DOLLARS ($160,000.00) in hand paid, does hereby sell and convey <br />unto THE BANK OF ~+i00D RIVER, :Mood River, Nebraska, the following <br />described real estate situated in Hail County, Nebraska: <br />The Northwest Quarter of the Northeast Quarter <br />{NhT~,NE;) and the North Half of the Northwest <br />Quarter (N'~NW;), Section Thirty-Five d35), <br />Township Ten ;10) North, Range Eleven {I1), <br />west of the 6•~.h P.M., Hall County, Nebraska, <br />subject to the unpaid balance of a first <br />mortgage in favor of the Federal Land Bank <br />of Omaha, Nebraska, and <br />The Southeast Quarter {SE's), Section Thirty- <br />Four 434), To~arashin Ten {10) North, Range <br />Eleven {11), West of the 6th P.2'I., Hall County, <br />Nebraska, subject to the unpaid balance of a <br />first mortgage in favor of the Equitable Z~ife <br />Assurance Society of the United States and the <br />unpaid balance of a second. mortgage an favor <br />of the Farmers Home Administration, United <br />States Department of Agriculture, and <br />All of the West Half of the Southwest Quarter <br />(ti~~SW;), and the Southeast Quarter of the <br />Southwest Quarter {SE%. SW's) , Section T•~renty- <br />Sight {28), Townshia Ten (10) North, Range <br />Eleven {il), west of the 6th P,M „ Hall County, <br />Nebraska, except a tract of land mare partic- <br />ulariy described as (allows: Beginning at the south- <br />east corner of sair~ Southwest Quarter {SW a), <br />thence running west along the south line of <br />said Southwest 4uarter {SSJ~,) a distance of <br />Nape Hundred S3,~cty-Three and Five Tenths <br />{963.5.} feet; thence deflecting right l43°38' <br />and. running northeasterly a distance of One <br />Thousand Two Hundred forty-Five and Five Hun- <br />dredths {1,245.05) .feet to a point on the <br />east line of said Southwest Quarter (SW;}; <br />thence running south along the east line of <br />said Southwest Quarter dStd4} a distance of <br />Seven Hundred Seventy-Three and One Tenth <br />(??3.1) feet to the paint of beginning and <br />containing 8.549 acres, riore or less, of <br />which 0.714 acres, mare or less is occupie3 <br />by public. road right-of-way, subject to the <br />unpaid beklance of a first mortgage in favor <br />of the Equitable Life Assurance Society of <br />the United States and subject to the unpaid <br />balance of a second mortgage in favor of the <br />First National Bank of Grand Island, Grand <br />Island, Nebraska. <br />'.the intention being to convey hereby an absolute title in fee <br />sm*ale . <br />